/ Dictionary / Index G gross profit: Meaning and Definition of Find definitions for: gross' prof'it Pronunciation: [key] gross receipts less the cost of goods or production but before the deduction of such other costs as rent or salaries. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. gross-out gross ton Related Content Daily Word Quiz: neologism Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language